Topic of Interest: #HSR (15 Articles Found)

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Woman loses suit against property agency whose rogue agent embezzled $830k from her

A former teacher trusted a property agent so much she gave him four signed blank cheques to be used to settle a property purchase. But the rogue agent instead used the cheques to embezzle $830,000 from her bank…

Woman sues property agent over $830k

A woman provided her real estate agent with four signed cheques to buy a Bedok Court flat, but he allegedly used them to withdraw over $830,000 from her bank account. Ms Rohini Balasubramaniam, 56, a former teacher, is…

Real estate agency HSR fined S$74,000 over failed Thomson View en bloc deal

Real estate agency HSR, which was rebuked by the High Court over the failed en bloc sale of Thomson View Condominium, has been fined S$74,000 by CEA disciplinary committee. The agency has also been barred from undertaking any…

Century 21 in talks to buy HSR

Century 21 Singapore is proposing to more than treble its number of agents by acquiring Singapore’s No. 7 real estate firm, HSR Intl Realtors. If the deal goes through, HSR will be sold to Century 21 by its…

Cooling measures ‘may be eased in Q3 2015’

If the prices of HDB resale flats continue to drop at their current rate, they could hit the affordability levels of 2008 sometime in the third quarter of next year, according to HSR Research. And that may be…

City, non-city condo price gap narrows

The price gaps for resale private condos in the city area versus those in the city fringe and suburbs have been narrowing since the market started softening in late 2011, a HSR report released yesterday said. The gap…

HSR dropped from marketing 2 EC projects

HSR Intl Realtors’ new commission scheme appears to have ruffled the feathers of its alliance partners even before the scheme takes effect in Jan. The firm is kept out from marketing the two upcoming EC projects under the…

Realtor HSR’s commission scheme shakes status quo

A former banker and a major shareholder of two Singapore-listed companies, Tong Kooi Ong is one man whose penchant for shaking up the business turf and needling the big boys with his niche-market ideas in Malaysia has won…

HSR’s 100% commission scheme raises eyebrows

In a sign of how property agencies are going all out to stimulate sales activity in the subdued Singapore residential market, HSR Intl has come up with a 100 per cent commission scheme for agents and touted it…

HSR: Strata industrial property prices to fall

Transaction volumes in the strata industrial segment hit an all-time low in Q2 2014, which translates to only one third of the 633 units recorded during its peak in Q2 2011, revealed a latest report by HSR. Notably,…

Vacant luxury homes nearing 10% threshold

Vacancy rates in the prime districts are likely to increase as more projects are completed. According to the latest report by HSR, this will cause rents to come under pressure and prices will be capped. Based on quarterly…

Poor sales slow down luxury home launches

Property developers have been loath to launch new luxury home projects this year as sales remain lacklustre. Only one major luxury project has been rolled out so far this year, property consultancy HSR said in a report yesterday.…

Some housing projects seeing little to no demand

Home seekers may have helped to drive healthy sales at some new property launches of late, but a report released yesterday by HSR Intl Realtors indicates that buying interest has yet to spread to projects on the market…

Failed Thomson View sale: CEA studying court’s findings

The regulator of estate agents is studying the High Court’s recent findings involving HSR Intl Realtors’ role in the failed Thomson View en bloc deal “before deciding on any follow-up action that may be necessary”, BT understands. HSR…

Thomson View en bloc sale: Hearing starts

The huge $590 million collective sale of Thomson View Condominium finally went to court for approval on Mon, after hitting a legal snag earlier this year. The en bloc sale needs the High Court’s approval in order to…

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